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Rice Acctg Ch1 Set3
Maplewood Rice Acctg Ch 1 Set 3
| Question | Answer |
|---|---|
| Business Ethics | The use of ethics in making business decisions. |
| Transaction | A business activity that changes assets, liabilities, or owner’s equity. |
| Account | A record summarizing all the information pertaining to a single item in the accounting equation. |
| Account Title | The name given to an account. |
| Account Balance | The amount in an account. |